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User: shitstinx

alan greenspan defends himself some say that due to greenspan's keeping interest rates too low for too long, that he paved the way for or even caused the current economic crisis facing the real estate market (which in turn directly affects the overall economy). he also stands accused of not having done more to prevent sub-prime lending, which in turn leads (and has led) to a record number of foreclosures as well as falling housing prices, and the so-called "bursting of the housing bubble". greenspan defends himself against these accusations and more in the opening segment of the 60 minute interview with lesley stahl (aired 9/16/2007) btw- i know little to nothing about economics and lending practices. if i am stating something incorrectly above, please feel free to kindly point it out to me, and i will make a correction (when i can finally make the time). thank you. Tags: greenspan housing bubble burst foreclosure loan default sub-prime lending federal reserve low interest rate

User: natetruth

C.H.A.N.G.E confronts Alan Greenspan wearechange.org infowars.com We Are Change and Infowars confront former Fed chairman Alan Greenspan during a recent book signing event. Greenspan is called out for his traitorous bad-mouthing of the dollar and his crimes against working and middle class Americans. Tags: infowars ala greenspan money stock market dallort died bad

User: shitstinx

greenspan cautiously forecasts economic future from 60 minutes (aired on 9/16/2007) Tags: greenspan forecasts economic future

User: Gogreeno5

Alan Greenspan on FOX Business Network Alan Greenspan was a guest on the FOX Business Network today. Tags: alan greenspan fox business network david asman

User: atestemunha

Alan Greenspan & Rep. Bernard Sanders Please visit: http://www.freewebs.com/obamalies/ Greenspan describes himself as a lifelong Libertarian Republican. On March 3, 2005, Democratic Senate Minority Leader Harry Reid attacked Greenspan as one of the biggest political hacks we have here in Washington and criticized him for supporting Bush's 2001 tax cut plan. Greenspan has also received criticism from Democratic Congressman Barney Frank and others for his support of Bush's plan to phase out Social Security in favor of private accounts. Greenspan had said Bush's model has "the seeds of developing full funding by its very nature. As I've said before, I've always supported moves to full funding in the context of a private account." Economist Paul Krugman, a frequent Greenspan critic, wrote in the New York Times that Greenspan was a three-card maestro with a lack of sincerity who, by repeatedly shilling for whatever the Bush administration wants, has betrayed the trust placed in the Fed chairman. Charges that Greenspan was veering beyond the Fed's purview of monetary policy into fiscal and political matters traditionally left to lawmakers became more prevalent, coming for example from sources such as Republican Senator Jim Bunning who voted against reconfirming him. Then-Democratic House Minority Leader Nancy Pelosi stated in 2005 there were serious questions about the Fed's independence as a result of Greenspan's public statements. But others like Republican Senator Mitch McConnell disagreed, stating that Greenspan has been an independent player at the Fed for a long time under both parties and made an enormous positive contribution. Furthermore, Greenspan had used his position as Fed Chairman to comment upon fiscal policy as early as 1993, when he supported President Clinton's deficit reduction plan, which included tax hikes and budget cuts. Tags: alan greenspan george bush barack obama john mccain joe biden sarah palin federal reserve Ben Bernanke Bernard Sanders iraq iran oil war russia georgia

User: mediagrrl9

Naomi Klein vs. Alan Greenspan on crony capitalism in the US Except from September 24th 2007 Democracy Now! Naomi Klein and Alan Greenspan. Tags: Democracy Now Naomi Klein Alan Greenspan Shock Doctrine

User: floatingcapital

Paul Krugman says "I'd blame Alan Greenspan and Phil Gramm" David Gregory hosts a one on one with economist Paul Krugman who talks about the financial bailout proposed by the Bush Administration. Among many thoughts on the matter, Krugman lays this disaster at the feat of Alan Greenspan and McCain advisor Phil Gramm. Tags: Paul Krugman David Gregory Phil Gramm Alan Greenspan Henry Paulson bailout financial crisis Reaganbaby McCain

User: mikey120882

Greenspan supports Goldstandard on Fox Business Ben Steil of the Council on Foreign Relations wrote his piece "end of national currencies" in which he endorses a digital (smartcard, implantable chip) gold currency, Alan Greenspan seems to join the team of Goldbugs with his open anti-fed confessions! OUT OF THE ASHES OF THE CURRENT PAPERMONEY, THE PHOENIX WORLDCURRENCY RISIS...like in the economist article of 1988: http://www.goldseitenforum.de/thread.php?postid=196896#post196896 http://www.321gold.com/fed/greenspan/1966.html http://www.foreignaffairs.org/20070501faessay86308/benn-steil/the-end-of-national-currency.html Tags: austrian economics gold cfr ron paul fox business

User: TakeChineseLessons

Alan Greenspan on Gold Standard Alan Greenspan talks about monetary policy and the gold standard in an interview. His ideas sound similar to those of Ron Paul. http://www.haohanchinese.com Learn Mandarin Chinese in Beijing, China Tags: alan greenspan ron paul gold money economics economy

User: usjobsjobsjobs

Greenspan slammed on US free trade policies Senator Donald Riegle spares no punches complaining to Alan Greenspan about persistent trade deficts with Japan. This took place back in 1992 ...and trade deficits with Japan have worsened since that time. Since this video aired 15 years ago, the annual trade deficit with Japan has almost doubled to over $7 billion/month ($88 billion for all of 2006). Since this video aired 15 years ago, the total annual trade deficit (for all nations the U.S. trades with) is almost 12 times worse (from $70 billion for all of 1993 to $817 billion for all of 2006). According to the BBC, the U.S. borrowed $2 billion daily in 2006 to finance its trade deficit. This is lunacy and there is no justification for it and it must stop (or it will stop when foreign governments and banks stop financing our trade deficits) before the U.S. goes bankrupt. Federal Reserve Chairmen Greenspan, Bernanke and others have all publicly stated that our trade deficit is unsustainable. End of argument. Those who defend economic policies that require the U.S. to borrow $2 billion/daily to finance trade live in a fantasy land or have an agenda not aligned with the interests of the USA. We have $6 trillion (and growing at almost $1 trillion/year) in accumulated debt from U.S. trade and economic policy. Watch these videos. Have you wondered why it gets worse nearly every year for the past 25 years and nothing is ever done about it? Watch these videos. Hopefully this subject will come up for Hillary Clinton, Barack Obama, and John McCain to debate during the presidential race? Charts: US Trade Deficits 1987-2006 - http://barrysacks4.com/us_trade_deficits_chart4_big.jpg Articles: Losing Our Independence: http://barrysacks5.com/losing_our_independence.htm Free Trade: Profits Over People - http://barrysacks5.com/big_media_and_free_trade.htm The Market Oracle: Unsustainable Trade Deficit Means Doomsday for the Greenback - http://www.marketoracle.co.uk/Article747.html NYTimes Opinion: Double Bubble Trouble by CEO Morgan Stanley-Asia, Stephen Roach - http://www.nytimes.com/2008/03/05/opinion/05roach.html BusinessWeek: Multinationals-Are They Good for America? - http://www.businessweek.com/magazine/content/08_10/b4074041212646.htm Commentary: That Giant Sucking Sound - http://barrysacks5.com/meltdown.htm AFP/Yahoo: US trade gap balloons 9.3 percent - http://news.yahoo.com/s/afp/20080111/ts_afp/useconomytrade;_ylt=Aj_LZQl3V5SZxyfQf4bKsb4DW7oF AP/Toronto Star: For the first time, US also fails to record surplus in investment income - http://www.thestar.com/Business/article/192008 AFP: Trade deficit not sustainable - http://afp.google.com/article/ALeqM5iwKkYV9sI4WfN4XqgOwMQTo8Jicw BBC: US borrows $2 billion/day to finance trade - http://news.bbc.co.uk/2/hi/business/6450565.stm BBC: Trade drag on US economy - http://news.bbc.co.uk/2/hi/business/4955092.stm Trade deficits 1987-2007 (U.S. Census Bureau, Foreign Trade Division) - http://www.census.gov/foreign-trade/balance/c0015.html Video clip used under Title 17 U.S.C. Section 107 "Fair Use" for editorial and commentary Tags: economics japan trade deficit greenspan riegle automobile industry cars ford chrysler gm debt edwards clinton obama

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